Reported 5 months ago
The 20th 'Third Plenum' of the Chinese Communist Party will conclude today with the release of the meeting communique. Despite market expectations for economic rescue measures, analysts point out that the 'Third Plenum' is focused on future planning rather than addressing short-term economic issues, therefore unlikely to introduce 'market rescue' measures. The high-level optimism towards the economic outlook and the nature of the 'Third Plenum' as a macro discourse suggest no major policy adjustments aimed at 'rescuing the market' will be implemented. This contrasts with the reforms and institutions established during the 2013 'Third Plenum', indicating a trend towards macro-level discussions without specific economic measures being introduced this time.
Source: YAHOO